The Floating interest rate on State Bank of Hyderabad loan against property is related to its Base Rate, which is currently at 9.75%. So, when it offers a loan against property at 13%, it applies a 3.25% premium to its PLR to arrive at this loan against property interest rate.

When market interest rates go up, it increases its base rate and the applicable rate for all existing loans goes up. When interest rates trend downwards, it reduces the base rate as it is not allowed to lend below the base rate. Thus, any benefit of lower rates has to be passed to both old borrowers and new borrowers.

Past trends of Base Rate of State Bank of Hyderabad

Date Rate

08th Oct 15 9.75%

16th Jul 15 9.95%

01st May 15 10.05%

11th Feb 13 10.20%

01st Oct 12 10.25%

04th Aug 11 10.50%

12th Jul 11 10.00%

06th May 11 9.50%

14th Feb 11 9.00%

05th Jan 11 8.50%

08th Dec 10 8.25%

21st Oct 10 8.00%

01st Jul 10 7.75%

State Bank of Hyderabad Loan against Property Jan 2016

Loan against Property Interest Rates
Upto Rs 7,500,000 - 13% - 13.25%,
Above Rs. 7,500,000 - 13% - 13.25% Floating

Max Tenure
10 Years

Lowest EMI per Rs.1 lakh for Max Tenure
Rs. 1493

Proc. Fee
0.56% Max Rs 50000